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THE IMPACT OF SUPERVISED CREDIT PROGRAMMES ON TECHNOLOGICAL CHANGE IN DEVELOPING AGRICULTURE *
Author(s) -
Scobie Grant M.,
Franklin David L.
Publication year - 1977
Publication title -
australian journal of agricultural economics
Language(s) - English
Resource type - Journals
SCImago Journal Rank - 0.683
H-Index - 49
eISSN - 1467-8489
pISSN - 0004-9395
DOI - 10.1111/j.1467-8489.1977.tb00189.x
Subject(s) - agriculture , developing country , business , public economics , economics , natural resource economics , agricultural economics , economic growth , geography , archaeology
Restrictions on input use frequently accompany the granting of institutional credit to farmers in developing agriculture. A general economic framework is suggested to analyze the net social benefits of such a policy. The paper discusses the potential for manipulating the policy variables to foster more rapid adoption of new agricultural technology. An empirical analysis of the impact of a supervised credit programme in Guatemala on farm performance and farmer decision‐making is presented.